The Palatka daily news. (Palatka, Fla.) 1884-1888, 1887-03-27

WEEKLY BANK STATEMENT
Reserves, decrease Observation-Disclosures sIi4s.5O0
Loans -....--. .-.------- 34tr .5sD
Specie ACKNOWLEDGEMENTS 3.:f9,.s0
Legal Tenders. ..---- s4O@O
Deposits decrease --.------- 7.44s. 80
Circulation - ----.----- IL, 100
The banks now hold ST. Is6.s50 in excess of
the I'D per cent rule
The stock market lacked character this morn
ing, until after the issue of the bank statement.
when il appeared, however, il WAS anrcess-
Bile surprise To the street, and the fact the
without increasing the rates for money, and
had met the call for funds from the West with
out materially diminishing the surplus reserve,
created an immediate revulSiOn of feeling, ami
the leaders and traders immediately began Ia
est made the advance in quotations easy
matter, and all the favorites moved up ON "a
largely increased business Northwestern,
Western Union, Louisville * Nashville, Can
ada Southern and Michigan Central were
milwaukee,. Lake shore and Western preferred
and Ohio \ Mississippi were the most prom
inent for the advances made
The opening fairly steady, showing in
Significant change, and in the waiting DISPOSE
tion among traders. transactions were dull and
prices nat Irregular, with no positive
movement in either direction Toward noon
the dizziness WIS increased, bur after that
TIME the entlfe market sprung into activity,
all leading shares becoming decidedly strong.
There was n halt i'm the movement toward
p. m AMI slight reaction. hut an upward
movement WAS again renewed in the last hour,
ami the close was moderately active and firm
To strong AT the best prices of the day, with
the entire active list higher. Sales aggregated
26I 900.
Cotton
NEW YORK. March ai.-Grecn n Co.'S report
ON Cotton futures is as follows: IL has been an
Unexpectedly active saturday, with more or
less excitement in the market and sharply
buoyant tone carrying AN active advance Of
is6Iis points over last evening. at which the
close WAS strong. More or less hurried cover
large proportion of the demand was made up
| OF foreign buying. and orders from New Or
| leans ON fresh investment. AT the advance So
| Som a. rtsnliytuu ta
noted, hut the market absorbed all the offer
| ings with perfect ease. and underwent no re-
Cotton-Net receipts, p; grnss. SsI; futures
| Closed strong, sales. l6S,.uo. March and April
| gust, 10 ~; September, 10 -; October, . SEA
-, January. s4Gt9 ~ The total visible sup
ply of Cotton for the world is ,Ssi $50 bales, of
| which 2.sts. t.si is American. against 2.a1, I0s
| and 2-:isl.sH. respectively last year Receipts
fion.. iasas erop in sight 8 co. sol
| Afternoon Cotton steady sales ~; last
| ceipts, +l,;sIs. Exports Gp.at Britain, 4,s.i;
| Continent, ,6t stock, 5f9N1-
General Markets
| CHICAGO. March 96--There was little more
| open buying of Wheat 10y the bull clique to
| day, and higher prices resulted. Ii is claimed
/ that the clique has very largely increased its
| holdings during the week, and that short inter
| est has been cOrreSpOndingiy increased How
| ever this may be, the operations of the bull
| operators continue To be watched with great
| interest. Crop reports from the Southwest
| were unfavorible. and il also claimed that
| farmers deliveries i'm the Northwest were fall
ing or CIearings from the ~t.bOaFi asrgrt ga
| ted 540,(sa bushels, and il estimated that
/ the visible supply would disclose decrease. OF
| one million bushels. Receipts mt II points
| were e9.e6 bushels.
| The market opened al $3.50 for May and adj
Vunced gradually 10 sl9.c, closing at 81 laft ~ ~.
| Corn and Oats ruled quiet and steady. without
any especial features of interest developing.
| Mess Pork showed NO change, but Lard and
short Ribs were a shade tiTner-
! Ioet, unchanged; No spring Wheat 16ft .s5sc;
| No. Red ~ 81; No. = Corn :4i4f,: a; No.
| Oats 24ff2tlsc: Mess Pork SaI& $40; Iard
| Short Clear. sides boxed SS-2sfs-.s5; Whisky
| Sl.Ia- Leading futures closed n follows:
| sos Corn-No. March 34tl; May ;sl1a; June
| As;z- Oats No. March 2+c; May 2s7sc; June
| SaI.0. Lard March s. ;l2ig. May sa.ssIs; June
| ss.6. Short Ribs March ssSJ; May S1."5;
June Sstct..
NEW YORK, March ~ Southern Flour
| quiet hut firm wheat shade higher with
| moderate business. in good part for export
Speculation moderate. November rel.
May, 9lI409l4c; closing sl9sc. firm and
quiet, options ts6t1t higher and less active,
closing firm; No, March 4s14e, closing the
steady, quiet No. = March. ss6TSi19, closing
| 34ie; May 3i9sa3i5s. closing ;47sc. Hops-du
and weak. Cotfee-fair Rio, firm, l47lslIIJc, op-
| Sl3al; May Sl3I5al l3;5. Sugar-strong. I'm
changed Refined firm, fair demand MoIas-
| firm, fair demand. Petroleum-cruie in bar
refs, ot5ol4e- Cotton SeedOil, ~, crude, 'sls
refined Rosin-firm, lGl+G Leg Turpen-
tine dun. Hides steady, but quiet: Wool
quiet and heavy Pork-dulI and unchanged;
Beef-steady, middes DUH nominal Lard
| $3.50; May S.6oeJ76l. Freights duh, Cotton
| 3:s.d- Wheat I'd, asked
| WHMISGToN, March s3.-Turpentine duh,
Tar--firm- sl.l0- Crude Turpentine- tirm,
| hard $lu0. yellow dip and virgin $3.50.